Great Hill’s YogaWorks eyes IPO

June 27, 2017

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Leisure Facilities | Santa Monica, CA | IPO

YogaWorks, a portfolio company of Great Hill Partners, has filed to raise up to $75 million in a public offering on the NASDAQ under the YOGA ticker symbol. The company is an owner and operator of 50 yoga studios located mainly in California and on the East Coast. Great Hill deployed its fifth flagship fund to purchase YogaWorks for $45.6 million in 2014. The fitness business logged a net loss of $9.5 million in 2016 and lost $2.6 million in 1Q, per an SEC filing.